A Step-by-Step-Guide on how to buy Cybex (CYB)
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and getting your first 10$.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Cybex (CYB) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Cybex (CYB) As soon as your deposit has been verified, you'll directly have access to your finances and you can launch buying and trading. To invest in Cybex (CYB) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate Cybex (CYB), you'll need to put the cointype (CYB) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “CYB/BTC” to go ahead.
Step 4 – Buy Cybex (CYB) Once you've found Cybex (CYB), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Cybex (CYB) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of CYB you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of CYB. If you are happy, click on “Buy CYB”. Your plan will be filled as soon as a Vender trades their CYB for the price you submitted.
Step 5 – Withdraw (CYB) Cybex Unless you're trading, never keep your coins on an Crypto Exchange for an extensive time frame. To take off your (CYB) Cybex, hover over the ”Funds” tab and click on “Withdraw”. (CYB) Cybex can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (CYB) Cybex by using the provided drop-down box. Drop in the volumen of (CYB) Cybex you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.